Press Releases
February 7, 2012 - CoutureCandy.com Acquires the Assets of FashionChateau.com
SANTA BARBARA, Calif., Feb. 7th 2012 /PRNewswire/ -- CoutureCandy.com, one of the fastest growing online women's fashion boutiques, announced today that it has acquired FashionChateau.com, including its url, trademarks and customer lists. The price of the transaction was not disclosed, but CEO Eric Jones of the Luxury Apparel Group Inc., revealed that it would be accretive to earnings in the 2nd Quarter of 2012.
CoutureCandy, under the leadership of CEO/Founder Eric Jones (37), and President Gwendolyn Jones (28), plans to quickly merge the customer database and existing internet search traffic to benefit the flagship site CoutureCandy.com. "Fashion Chateau was an established internet fashion destination with a fantastic customer base and strong traffic. We plan to integrate many of the brands into our existing product catalog and offer an improved customer experience to our growing base of fashion-forward consumers," says Eric Jones. Given the roster of newly acquired Internet businesses www.CoutureCandy.com is looking now to vertically grow its business adding additional designers, new traffic partners, and enhance all aspects of its service offering. "Bottom line is that today's online fashion consumers have infinite choices. Price and customer service matter more now than at any other time in the history of internet commerce. Couture Candy intends to meet these savvy consumers with as competitive an offering of brands, pricing, and service as possible." says Eric Jones.
About Luxury Apparel Group Inc.
Luxury Apparel Group is an industry-leading distributor of premiere online retailers specializing in catering to the unique styles of its female clientele.
When Luxury Apparel Group launched http://www.CoutureCandy.com in 2005, it set the standard as a quality online destination for customers with a highly cultivated taste looking for the latest in designer fashions and distinctive value. Since CoutureCandy's launch, its reach has expanded exponentially thanks in large part to its creative original content, such as compelling newsletters featuring useful stylist tips, and special promotions.
In 2010, CoutureCandy launched its groundbreaking Celebrity Style Section, making it easy for visitors to see the latest celebrity styles, as well as hear the freshest gossip. Now, with such exciting features as designer profiling and a definitive denim fit guide, CoutureCandy is not only an online store, it is a total style destination.
SOURCE CoutureCandy.com